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New Zealand hits gig & sharing economies platforms with 15% GST April 2024

1 April 2024 in

digital platforms

Imposition on digital platforms Goods & Services Tax 1 April 2024 on ride and accommodation sharing New Zealand has imposed on gig & sharing economies platforms GST collections obligations from 1 April 2024. This shifts the indirect tax requirements from the accommodation and transportation service providers

New Zealand B2G e-invoicing March 2022

15 January 2024 in

Digital Reporting Requirements

New Zealand’s revised adoption of Peppol PINT e-invoicing specification The phased introduction of the PINT A-NZ specification of OpenPeppol standard e-invoicing has been revised. This replaces the existing ANZ Peppol BIS 3.0 specification. The format is obligatory for B2G e-invoicing, and also if e-invoicing is

New Zealand 3% Digital Services Tax 2025

31 August 2023 in

Digital Services Tax

New govt reintroduces digital services turnover tax on non-resident providers if OECD Pillar 1 talks fail The new coalition government in New Zealand has reintroduced the September 2023 draft legislation for a Digital Services Tax (DST) which would tax sales by non-resident providers of in-scope

New Zealand GST-free fruit and vegetables

16 August 2023 in

New Zealand

Government proposes zero-rating of fruit and vegetables if wins election New Zealand’s Labour government has committed to zero-rating Goods and Services Tax on unprocessed fresh and frozen fruit and vegetables in the case that it wins the upcoming general election. The standard GST rate in

New Zealand ends GST invoice requirement 2023

26 October 2022 in

e-invoices

April 2023 - Digital records can replace paper invoices, with PEPPOL-based e-invoicing The Inland Revenue Department is planning to digitise the tradition Goods & Services Tax (GST) invoice from 1 April 2023. This will mean taxpayers transaction records, accounting systems and contractual documents may, in

New Zealand GST digital services non-resident providers

28 May 2022 in

digital services

New Zealand’s Inland Revenue Department introduced its 15% Goods and Services Tax on digital or electronic services provided by non-residents to consumers from 1 October 2016. There is a GST registration threshold of NZD 60,000 per annum, and there is no requirement to appoint a

New Zealand consults on gig and sharing economy platforms and GST

13 March 2022 in

digital platforms

The role of digital platforms in the taxation of the gig and sharing economy New Zealand has launched a consultation on taxing gig and sharing economies. Get our global VAT and GST free news emails, sign-up here. Options to tax the new digital platforms and

New Zealand payment providers e-commerce sellers transaction data

2 January 2022 in

Goods and Services Tax

Content Creators and sellers targeted by Inland Revenue – new payment service providers obligations New Zealand’s Inland Revenue is shortly to be granted enhanced data collection rights – quarterly transaction data from payment providers in an effort to track and accurately assess Goods and Services

New Zealand content creators’ GST tax obligations

15 December 2021 in

content creation

Tax on content creators including gig economy The New Zealand Inland Revenue has issued an Interpretation Statement on the Goods and Services Tax and income tax liabilities of online content creators for payments, consideration, merchandise sales, donations or gifts, prize winning and other remuneration received.

New Zealand makes Non-Fungible Tokens liable to GST

1 December 2021 in

cryptocurrency

Unlike cryptocurrencies, NFT liable to 15% Goods and Services Tax New Zealand’s Inland Revenue has confirmed that trading of Non-Fungible Tokens are liable to GST. This compares to other crypto assets like digital currencies (e.g. Bitcoin) which are exempted. The difference in the treatment is

Category: New Zealand

New Zealand B2G e-invoicing March 2022

New Zealand 3% Digital Services Tax 2025

New Zealand GST-free fruit and vegetables

New Zealand ends GST invoice requirement 2023

New Zealand GST digital services non-resident providers

New Zealand payment providers e-commerce sellers transaction data

New Zealand content creators’ GST tax obligations

New Zealand makes Non-Fungible Tokens liable to GST

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